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Key Facts
Key facts for 948 Lake Drive E
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 6 parking
MLS #
N13571762
Size
3000-3500 sqft
Basement
Finished
Listed on
2026-07-16
Lot size
58 x 100.0
Tax
$4,612 /yr
Days on Market
109
Approximate Age
-
Maintenance Fee
-
Description
Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether yo...u're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)
Full Property Details
Interior
Bedrooms
7
Total Bedrooms
7
Washrooms
4
Square Footage
3000-3500 sqft
Basement
Finished
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
Wall Unit(s)
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Bedrooms
7
Total Bedrooms
7
Washrooms
4
Square Footage
3000-3500 sqft
Basement
Finished
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
Wall Unit(s)
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Exterior
Depth
100.0
Front
57.66
Lot Size
58 x 100.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Depth
100.0
Front
57.66
Lot Size
58 x 100.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Sutton & Jackson's Point
Community
Sutton & Jackson's Point
Taxes & Fees
Taxes
$4,612 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$4,612 /yr
Tax Year
2025
Occupancy
Tenant
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